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    Financial Accounting Study Set 11
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    Exam 10: Stockholders Equity
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    When a Company Issues Common Stock at a Price Per
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When a Company Issues Common Stock at a Price Per

Question 61

Question 61

Multiple Choice

When a company issues common stock at a price per share greater than its par value per share,the excess should be credited to:


A) Retained Earnings.
B) Common Stock.
C) Paid-in Capital in Excess of Par-Common.
D) Excess Capital.

Correct Answer:

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